B&M European Value Retail (OTCMKTS:BMRRY) Shares Gap Up – Time to Buy?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY – Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $14.52, but opened at $15.12. B&M European Value Retail shares last traded at $15.12, with a volume of 160 shares traded.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on BMRRY shares. Zacks Research raised B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft upgraded shares of B&M European Value Retail from a “sell” rating to a “hold” rating in a research note on Thursday, July 16th. Panmure Gordon downgraded shares of B&M European Value Retail to a “hold” rating in a research report on Wednesday, July 15th. Finally, Citigroup restated a “neutral” rating on shares of B&M European Value Retail in a research note on Thursday, July 16th. Four investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, B&M European Value Retail currently has a consensus rating of “Reduce”.

Check Out Our Latest Stock Report on B&M European Value Retail

B&M European Value Retail Stock Up 1.0%

The company has a 50-day simple moving average of $12.97 and a 200-day simple moving average of $11.08. The company has a debt-to-equity ratio of 2.78, a current ratio of 1.42 and a quick ratio of 0.48.

About B&M European Value Retail

(Get Free Report)

B&M European Value Retail SA is a variety retailer that sells a broad range of everyday merchandise at discount prices. Its product offering includes food and beverages, household goods, home furnishings, do-it-yourself supplies, garden products, toys, health and beauty items, pet care products and seasonal merchandise.

The company operates primarily through the B&M brand in the United Kingdom and France. In the United Kingdom, its retail operations also include B&M Express convenience-format stores and Heron Foods, a discount food retailer.

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